Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business

As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.
Source: Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business (https://cointelegraph.com/news/bernstein-sees-iren-pivoting-from-bitcoin-mining-to-37b-ai-cloud-business?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)